Discover the perfect blend of modern convenience and historic charm at 444 South Union Street in Burlington, VT. This building has amazing history known as the Adams School. Experience an expansive commercial space with endless opportunities spanning at 5, 200 sq/ft. This commercial unit is a part of The Adams School HOA and truly provides a space for your needs. Building amenities include off street parking, bathrooms, heating, water, sewer, building maintenance and much more. Whether you are expanding your current business and need more space or just launching, this space truly can give you that feeling of security for a strong future ahead. Additionally it has seamless access to local amenities and stunning views. Lake Champlain Waterfront, UVM Medical Center, Church Street Marketplace, local restaurants, local businesses, public transportation and so much more right at your finger tips. Don't miss out on the opportunity to own this property and have the benefits of calling it yours. Contact us today to schedule a tour!
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Our Executive Mortgage Banker:
Our Insurance Division:
$314,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $251,200 | $251,200 | $251,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $376 | $376 | $376 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,671 | $1,670 | $2,118 |
Total Monthly Payment | $2,122 | $2,121 | $2,569 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.